IFRS Updates

Overview

This workshop will take the participants through a learning journey where they will be exposed to International Financial Reporting standards updates and their implications and applications.

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Outcome

understand how international financial reporting standards (IFRS) are used around the world.

explain how the international financial reporting standards foundation (IFRSF) / international accounting standards board (IASB) work and how they are being changed.

examine the fundamental requirements of IFRS on a standard-by-standard basis.

provide guidance on how to use IFRS in practice.

Details

Developed by: Beacon FinTrain
Standard Total Hours: 24 Hrs
Language: English - Bilingual "English & Arabic"
Modalities: 
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Outline

  • A brief summary of the adoption of International Financial Reporting Standards (IFRS Standards) in different jurisdictions
  • The growth of the International Accounting Standards Board (IASB) and IFRS standards
  • IFRS Standards and small and medium-sized entities.

  • IAS 1 Presentation of Financial Statements
  • IFRS 15 Revenue from Contracts with Customers
  • IAS 8 Accounting Policies, Changes in Accounting Estimates, and Errors.

  • IAS 38 Intangible Assets
  • IAS 36 Impairment of Assets
  • IAS 20 Accounting for Government Grants and Disclosure of Government Assistance
  • IAS 2 Inventories.

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Who Should Attend

  • Head of Internal Audit
  • Internal Audit Mangers
  • Internal auditors
  • Finance professionals

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.